(Beam Therapeutics Inc. )
| BEAM latest price $111.1000 (4.06%) ($111.1000 - $111.1000) on Tue. Aug. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.23% (three month average) |
RSI | 52 |
Latest Price | $111.1000(4.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BEAM advances 0.7% a day on average for past five trading days. |
Weekly Trend | BEAM advances 1.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BEAM advance at 0% a week (0% probability) ARKG(60%) ARKK(60%) XBI(58%) BLOK(57%) IBB(57%) |
Factors Impacting BEAM price | BEAM will decline at least -2.615% in a week (0% probabilities). VIXM(-32%) UUP(-17%) VXX(-8%) IGOV(-6%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.615% (StdDev 5.23%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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